News

Office & mixed-use development

Foundation stone laid for CBF Nowy Świat

schedule 28 June 2013
Eurobuild CEE

POLAND The foundation stone for the CBF Nowy Świat in Warsaw, which is being built near Rondo de Gaulle’a next to the Centrum Bankowo-Finansowe building, has been laid.

Intercor to repair Mszana bridge

schedule 28 June 2013
Eurobuild CEE

POLAND Przedsiębiorstwo Usług Technicznych Intercor of Zawiercie is to repair a bridge in Mszana on the A1 motorway.

Retail & leisure

Retail park to be built in Żory

schedule 28 June 2013
Eurobuild CEE

POLAND A retail park is to be built on Al. Zjednoczonej Euroy in Żory. ZRB Kampka is the investor behind the 5,000 sqm project.

Heban obtains financing for Wille Parkowa

schedule 28 June 2013
Eurobuild CEE

POLAND Alior Bank has granted financing to Heban Apartamenty, a subsidiary of GC Investment, for the Wille Parkowa residential project in Katowice.

TUP changes into Alta

schedule 28 June 2013
Eurobuild CEE

POLAND Developer TUP is changing its name to Alta.

Hotels

Best Western Agit Conference & Spa now open

schedule 28 June 2013
Eurobuild CEE

POLAND Best Western has opened its twentieth hotel in Poland.

New tenants in Karuzela retail park

schedule 28 June 2013
Eurobuild CEE

POLAND New leases have been signed for a combined 3,000 sqm in the Karuzela retail park in Lubliniec. The new tenants include Biedronka (1,200 sqm), RTV Euro AGD (502 sqm), CCC (400 sqm) and Centrum Chińskie (910 sqm).

Metalist stadium to be put up for sale

schedule 28 June 2013
Rafał Ostrowski
journalist

UKRAINE Kharkiv Regional Council has decided to put Metalist stadium up for sale.

Avielen to invest EUR 93 mln in AirportCity

schedule 28 June 2013
Rafał Ostrowski
journalist

RUSSIA Avielen, a joint venture set up by Warimpex, CA Immo, UBM and Airport Pulkovo, could invest RUB 4 bln (EUR 93 mln) in the second stage of AirportCity in St Petersburg.

Construction of 113,000 sqm mall underway

schedule 28 June 2013
Rafał Ostrowski
journalist

UKRAINE The construction of the Blockbuster Mall on Moskovskiy Prospekt in Kyiv is underway.

Axi Immo negotiates two leases

schedule 28 June 2013
Eurobuild CEE

POLAND Paper distributor Igepa has leased 3,000 sqm of warehouse space and 300 sqm of office space in MLP Pruszków II, while Pyroll has extended its lease for 3,900 sqm of office and warehouse space in Diamond Business Park Stryków.

Orco announces latest capital hike

schedule 28 June 2013
Nathan North
managing editor

EUROPE An extraordinary meeting of Orco shareholders has approved resolutions to increase the company's authorised share capital to EUR 278,992,584.

Segro and PSP form SELP

schedule 28 June 2013
Nathan North
managing editor

EUROPE Segro and the Public Sector Pension Investment Board (PSP Investments) have finalised a deal to form the Segro European Logistics Partnership (SELP) joint venture for Central European logistics properties.

Warsaw sells stake in Złote Tarasy

schedule 28 June 2013
Eurobuild CEE

POLAND The city of Warsaw has sold its 23.15 stake pct in the Złote Tarasy company (the owner of the Złote Tarasy shopping centre in the city) for PLN 217.6 mln.

Q22 to reach for the sky

schedule 28 June 2013
Eurobuild CEE

POLAND Q22 is the name of the office building that Echo investment is to build on the junction of al. Jana Pawła and ul. Grzybowska in an investment of almost PLN 500 mln.

Warehouse & industrial

Segro poised for Canadian JV

schedule 27 June 2013
Nathan North
managing editor

EUROPE UK-based industrial developer Segro has announced that it is in advanced discussions with the Public Sector Pension Investment Board of Canada with regard to forming a joint venture in connection with the former’s Continental European logistics portfolio.

VGP raises EUR 75 mln on first day

schedule 27 June 2013
Nathan North
managing editor

CEE REGION Central European industrial developer VGP has closed its public retail bond offer in Belgium after the first day of the subscription, due to the maximum EUR 75 mln being achieved.

Retail & leisure

Ogrody begins to grow

schedule 27 June 2013

POLAND The Ogrody shopping centre in Elbląg is being extended from 17,500 sqm of retail space to 40,000 sqm in an estimated investment of EUR 65 mln.

Brack Capital to sell 40,000 sqm warehouse

schedule 27 June 2013
Rafał Ostrowski
journalist

RUSSIA Brack Capital Real Estate is planning to sell 40,000 sqm logistics complex in Lobnya, 40 km north of Moscow.

Sistema buys controlling stake in Moskapstroy

schedule 27 June 2013
Rafał Ostrowski
journalist

RUSSIA Sistema [Система] has finalised the acquisition of 51 pct stake in Moskapstroy [Москапстрой], considered the largest engineering company in Russia.

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